November 3, 2022

Newsletter #212 - Who Will Save Us Now?

Yo Shitcoiners,

Welcome to the latest edition of the newsletter! This week crypto was as spicy as ever. Sit back, relax and let us catch you up on all of the shenanigans. We start with a reminder that Uptober is a thing of the past, Hacktober is what we are calling it these days!

It’s looking pretty rough out there, as this next short story shows.

To SBF next. He spent this week outlining how he thinks the US should be approaching crypto.

Here are his thoughts in full. Is this a potential disaster for DeFi?

Some do not agree with him… at all.

Here’s a poll! Click for the results. It’s not pretty.

The only way to really know how to handle this situation is to get out the guns according to Ryan.

FTX were involved in the biggest launch of the week, Aptos. The “safest and most production-ready blockchain in the world” got off to a rocky start.

Aptos were trying their best to avoid the perps, but Binance had other plans.

If you were wondering about the tokenomics here you go!

What the hell is an AptosPunk?

This is a great learning experience for many entering crypto. It’s always good to keep in mind that you are the yield.

You are not even playing the game really.

FTX have been at the center of a lot of the action this week. Making crypto exchanges work is pretty easy though, you just have to CTRL R repeatedly. Duh.

Devcon went a little under the radar but it did get spicy. One “brown backpack guy” caught some heat. Here’s the timeline.

And here is “brown backpack guy” himself.

To NFT news now! What do you get when one NFT platform posts something cringe? You get an expertly utilized GIF from a competitor in response.

You also get Greg.

In other NFT platform news, here’s some hypocrisy from MagicEden. NGMI.

Following the hypocrisy thread, here is Bitboy getting mad with some guy called Ryan Sean Adam. He really doesn't like his glasses.

Do Kwon has done an interview! He sat down with Laura Shin of Unchained to discuss his whereabouts and the aftermath of Luna.

Here are the cliffnotes.

We round this off with a couple of interesting tidbits. First, Kanye got de-banked and now is on team Satoshi.

And do you remember Lambos? They used to be fun. Watch until the end. Is that SizeChad?

That's all for this week. Follow Andreas on Twitter and stay up to date with us @Shitcoindotcom too. See you next time.